Meaning of “the Maastricht Treaty” in the English Dictionary

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"the Maastricht Treaty" in Business English

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the Maastricht Treatynoun


an agreement made in 1992 by the countries of the European Union to create a single economic market and the Euro (= the unit of money used in most European Union countries):

The Maastricht treaty has been called the blueprint for Europe's economic and monetary union.

(Definition of “the Maastricht Treaty” from the Cambridge Business English Dictionary © Cambridge University Press)